2.3 Tuesday Night Market Overview:



Bitcoin's intraday price movement generally maintained a range around 79,200-77,600, fluctuating and adjusting.

Ethereum's intraday trend remained within the 2,360-2,260 range, gradually declining with moving averages trending downward.

Currently, the Bitcoin daily chart shows a decreasing volume with a doji star and a bearish candle, with a long lower shadow from yesterday. Resistance above still needs to be watched around 79,500; a breakout and stabilization above this level could target 80,500-81,500. The four-hour chart shows the price near the midline with increasing volume, with the upper target at 81,200 and the lower at 76,000. The hourly Bollinger Bands are gradually converging with decreasing width, and the MACD is trending downward. The overall trend remains bearish.

Tuesday Night:

Price around 79,000-79,500, with a target of 77,500-77,000.

Price around 2,325-2,350, with a target of 2,235-2,210.

Market volatility is high; pay attention to risk management and defense. Profits can be secured within the range.
BTC-3.95%
ETH-5.08%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)